Search found 1799 matches

by TravelforFun
Fri Aug 16, 2019 5:41 pm
Forum: Personal Consumer Issues
Topic: 10 Year Cost of Owning My CR-V
Replies: 32
Views: 1998

Re: 10 Year Cost of Owning My CR-V

Random Poster wrote:
Fri Aug 16, 2019 1:34 pm
During that time, I’ve kept meticulous records of every expense, fill up, insurance payment, and so on related to the car.
Same here. I do that for every car I own and it bothers me if I can't locate a gas receipt. How nerdy are we!

TravelforFun
by TravelforFun
Fri Aug 16, 2019 5:26 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 348
Views: 44393

Re: Roll Call for the Retirement Class of 2019!

I'm about one month from my retirement date and because I am a minimalist, I don't want any retirement party where they invite your family and colleagues ̣(who go way back) to come and make speeches. I've been very suspicious of and have declined lunch invites and after-work get-together invites. I...
by TravelforFun
Thu Aug 15, 2019 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Long-Term Care Decision
Replies: 325
Views: 13889

Re: Long-Term Care Decision

If you knew that was going to happen, sure, buy the insurance. But you don't. LTC sales people don't mention that 30% of people ... will need zero LTC care (at home or in a facility): https://longtermcare.acl.gov/the-basics/how-much-care-will-you-need.html I'll go one step further. Only about 1 in ...
by TravelforFun
Wed Aug 14, 2019 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Ideas for Little Charges to keep Cards active
Replies: 87
Views: 4351

Re: Ideas for Little Charges to keep Cards active

If need to, I'd use the card to add $5 to my Stabuck app to keep the card active.

TravelforFun
by TravelforFun
Mon Aug 12, 2019 7:45 pm
Forum: Investing - Theory, News & General
Topic: Roth > Taxable > tIRA
Replies: 199
Views: 13025

Re: Roth > Taxable > tIRA

As a young civil engineer with a stay-at-home wife, we didn't make that much money and that was how we stayed in the low tax brackets for a long time. The good stocks that I own in my IRA and 401K accounts will keep me in a much-higher tax bracket. TravelforFun Good fortune. Paying 24% tax is a dea...
by TravelforFun
Mon Aug 12, 2019 3:31 pm
Forum: Investing - Theory, News & General
Topic: Roth > Taxable > tIRA
Replies: 199
Views: 13025

Re: Roth > Taxable > tIRA

My random thoughts on this: 1) I've been kicking myself for years for putting too much money in tIRA and not enough traditional or Roth. I essentially saved 15% income tax in my younger working years to pay 24% income tax in my retirement years. How did you save so much at 15% all those years? That...
by TravelforFun
Sat Aug 10, 2019 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Why can't I buy a Medicaid SPIA without a lawyer?
Replies: 10
Views: 1157

Re: Why can't I buy a Medicaid SPIA without a lawyer?

Thank you Cashmoney for your reply. Yes, I do mean a Medicare-compliant annuity. As a born skeptic, I can't help but wonder who gets a cut off the sale of this product. I can see where the insurance agent gets his commission, but does the attorney get a slice too? (I mean besides the hourly rate he...
by TravelforFun
Sat Aug 10, 2019 11:34 am
Forum: Personal Consumer Issues
Topic: Advice on short Vietnam visit
Replies: 30
Views: 2030

Re: Advice on short Vietnam visit

Glad some of you still call HCM City Saigon. It's always going to be 'Sài Gòn' in my heart.

TravelforFun
by TravelforFun
Sat Aug 10, 2019 10:34 am
Forum: Investing - Theory, News & General
Topic: Roth > Taxable > tIRA
Replies: 199
Views: 13025

Re: Roth > Taxable > tIRA

My random thoughts on this: 1) I've been kicking myself for years for putting too much money in tIRA and not enough traditional or Roth. I essentially saved 15% income tax in my younger working years to pay 24% income tax in my retirement years. 2) My inheritance will mostly go to my adult kids who ...
by TravelforFun
Sat Aug 10, 2019 10:34 am
Forum: Investing - Theory, News & General
Topic: Roth > Taxable > tIRA
Replies: 199
Views: 13025

Re: Roth > Taxable > tIRA

My random thoughts on this: 1) I've been kicking myself for years for putting too much money in tIRA and not enough traditional or Roth. I essentially saved 15% income tax in my younger working years to pay 24% income tax in my retirement years. 2) My inheritance will mostly go to my adult kids who ...
by TravelforFun
Thu Aug 08, 2019 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Real Life Experience. Credit Card Rewards and Transfer Bonus.
Replies: 58
Views: 2851

Re: Real Life Experience. Credit Card Rewards and Transfer Bonus.

This has been my experience with using airline miles for flights. The flights at the most inconvenient times are cheapest by far. If you want to depart at a more reasonable time, such as between 9-11am, often times it costs more than 2X the miles as the 5 or 6am flight. This has prevented me from u...
by TravelforFun
Thu Aug 08, 2019 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Real Life Experience. Credit Card Rewards and Transfer Bonus.
Replies: 58
Views: 2851

Re: Real Life Experience. Credit Card Rewards and Transfer Bonus.

This has been my experience with using airline miles for flights. The flights at the most inconvenient times are cheapest by far. If you want to depart at a more reasonable time, such as between 9-11am, often times it costs more than 2X the miles as the 5 or 6am flight. This has prevented me from u...
by TravelforFun
Thu Aug 08, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Real Life Experience. Credit Card Rewards and Transfer Bonus.
Replies: 58
Views: 2851

Re: Real Life Experience. Credit Card Rewards and Transfer Bonus.

One more to add for everyone are the shopping portals. When you click through these portals, you receive airlines points from your purchases (sometimes befrugal.com and ebates.com offer better cash advantages). I've managed to collect, via purchases, bonuses, and purchasing items at the right time ...
by TravelforFun
Thu Aug 08, 2019 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Real Life Experience. Credit Card Rewards and Transfer Bonus.
Replies: 58
Views: 2851

Re: Real Life Experience. Credit Card Rewards and Transfer Bonus.

4) This is why Southwest is special. You can book the same flights with points as someone books them with cash. TravelforFun Are the same mile required for the flight regardless of departure time of day? Different miles are required for different flight dates and times just like when you book them ...
by TravelforFun
Thu Aug 08, 2019 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Real Life Experience. Credit Card Rewards and Transfer Bonus.
Replies: 58
Views: 2851

Re: Real Life Experience. Credit Card Rewards and Transfer Bonus.

OP, what you have earned is impressive. 1) I am surprised you were able to open all these cards. I tried twice in the last 9 months to open the Capital One Venture card (once last fall and once last month) and was denied both times. The reason given both times was too many cards opened recently (an...
by TravelforFun
Wed Aug 07, 2019 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Real Life Experience. Credit Card Rewards and Transfer Bonus.
Replies: 58
Views: 2851

Re: Real Life Experience. Credit Card Rewards and Transfer Bonus.

According to my records I've redeemed just about 3,000,000 points on flights and hotels over the last 7 years (all first/business class). I have another half million or so waiting to deploy. http://www.gcmap.com/map?P=den-sea-lih,hnl-akl,wlg-mel-lax,den-clt-mad,eas-mad-phl-den,DEN-ORD-ZRH-ZAG-ZAD,S...
by TravelforFun
Wed Aug 07, 2019 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Real Life Experience. Credit Card Rewards and Transfer Bonus.
Replies: 58
Views: 2851

Re: Real Life Experience. Credit Card Rewards and Transfer Bonus.

So does this game only work if you end up travelling a lot? I am not near retirement and dont get to travel as much but would love to leverage the credit card savings game. Any tips here? Some cards let you use your points for statement credits or cash back but I use them for hotels and airfares. T...
by TravelforFun
Wed Aug 07, 2019 8:35 pm
Forum: Personal Finance (Not Investing)
Topic: Real Life Experience. Credit Card Rewards and Transfer Bonus.
Replies: 58
Views: 2851

Re: Real Life Experience. Credit Card Rewards and Transfer Bonus.

How much did you spend on travel to go with those savings? Amazing job. Even more amazing being able to travel so much while still working. Something to look forward to in the future for us. We spent $30K on trips last year. I work three days a week and can take time off without pay. The work will ...
by TravelforFun
Wed Aug 07, 2019 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Real Life Experience. Credit Card Rewards and Transfer Bonus.
Replies: 58
Views: 2851

Re: Real Life Experience. Credit Card Rewards and Transfer Bonus.

So I decided to look into this game a few months ago to see what I could do. Dec 2018. I signed up for two Southwest cards ($99 and $69 annual fee) Jan 2019. Reached 110,000 Southwest points and obtained companion pass (buy one fare with either cash or points and get one fare free). During the next...
by TravelforFun
Wed Aug 07, 2019 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Real Life Experience. Credit Card Rewards and Transfer Bonus.
Replies: 58
Views: 2851

Real Life Experience. Credit Card Rewards and Transfer Bonus.

So I decided to look into this game a few months ago to see what I could do. Dec 2018. I signed up for two Southwest cards ($99 and $69 annual fee) Jan 2019. Reached 110,000 Southwest points and obtained companion pass (buy one fare with either cash or points and get one fare free). During the next ...
by TravelforFun
Tue Aug 06, 2019 10:48 pm
Forum: Personal Investments
Topic: I still don't understand the value of a Backdoor Roth for high income earners
Replies: 63
Views: 6032

Re: I still don't understand the value of a Backdoor Roth for high income earners

I'm just not understanding the benefit of a backdoor Roth for anyone in a higher tax bracket today, who expects to be in a lower bracket at retirement. A high income earner who has maxed out 401ks etc and wishes to save more, faces the choice of saving in: (a) non deductible contributions to tradit...
by TravelforFun
Tue Aug 06, 2019 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Oh geeze. How should I pay for this? Walk me off the ledge
Replies: 52
Views: 6292

Re: Oh geeze. How should I pay for this? Walk me off the ledge

I would do Option 2 providing the credit card waives its first-year annual fee.

TravelforFun
by TravelforFun
Sun Aug 04, 2019 8:13 pm
Forum: Investing - Theory, News & General
Topic: Where do you put your sinking fund?
Replies: 23
Views: 2220

Re: Where do you put your sinking fund?

I don't have an emergency fund, my saving account has approximately one month of expenses. All our money are in Roth IRA, traditional IRA, or taxable. If we need to spend a couple of thousands on something, I would charge it to my credit card for points and pay off when the statement arrives. For la...
by TravelforFun
Sun Aug 04, 2019 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Financial anxiety and next steps in relationship
Replies: 102
Views: 7256

Re: Financial anxiety and next steps in relationship

yohac wrote:
Sun Aug 04, 2019 6:58 pm
More important than student loan debt is whether you are on the same page going forward. Is she by nature more of a spender or saver?
A very important question. If you two are on the same page going forward, you can conquer your (no longer her) debts and win financially.

TravelforFun
by TravelforFun
Sat Aug 03, 2019 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Long-Term Care Decision
Replies: 325
Views: 13889

Re: Long-Term Care Decision

I think there should be a law that would allow every adult 60 or older to end their life in a calm and safe and peaceful setting. Seven states and Washington, D.C., have death with dignity statutes. We say we would go peacefully but whether we can go through with that when the time comes is a diffe...
by TravelforFun
Sat Aug 03, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Long-Term Care Decision
Replies: 325
Views: 13889

Re: Long-Term Care Decision

I see people commenting, 'invest the LTC premium, you'd come out ahead...' Folks, insurance and investment are two different things. Most of us would come out ahead had we not bought home, life, automobile, or medical insurance. Regarding LTC, why would we buy insurance to protect against our $300K ...
by TravelforFun
Sat Aug 03, 2019 7:45 am
Forum: Investing - Theory, News & General
Topic: Roth > Taxable > tIRA
Replies: 199
Views: 13025

Re: Roth > Taxable > tIRA

A lot of people say they are reluctant to do big Roth conversions because they think they are losing tons of money doing the conversion. But if a $2M tIRA is really only equivalent to a $1.5M Roth, they are not really losing $500K. The $2M tIRA was never really $2M in the first place. This is true....
by TravelforFun
Thu Aug 01, 2019 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: A note on spending for kids
Replies: 148
Views: 10671

Re: A note on spending for kids

We'd spent a lot of money and 8 years on our daughter's soccer pursuit but lo and behold, she picked up a golf club in her freshman year in high school and made the golf team. The soccer was then kicked to the side. Four years later, she got a full scholarship to play golf for a private university i...
by TravelforFun
Tue Jul 30, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirees - what's your spending like?
Replies: 36
Views: 4149

Re: Early retirees - what's your spending like?

My annual budget is $81,480 (after taxes) which is broken down as follow: Property Taxes - $5,520 Home insurance - $2,640 HOA Fee - $120 House Repairs / Upgrades - $3,600 House Cleaning - $1,440 Furnishing - $1,200 Lawn Maintenance - $1,440 Medical Insurance - $5,400 Long Term Care Insurance - $4,68...
by TravelforFun
Mon Jul 29, 2019 1:34 pm
Forum: Personal Investments
Topic: Buying Amazon Stock
Replies: 28
Views: 3388

Re: Buying Amazon Stock

If cost per trade is your concern, First Trade and Choice Trade charge nothing to trade. I pay Fidelity $4.95 per trade.

TravelforFun
by TravelforFun
Fri Jul 26, 2019 11:09 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 348
Views: 44393

Re: Roll Call for the Retirement Class of 2019!

As of 5:00 today, I’m officially retired. However, it didn’t happen as it does in the movies. My boss and I have worked together for many years and he has known for more than a few months today would be my last. I wanted to make sure there were no loose ends when I left. All my sales clients had be...
by TravelforFun
Fri Jul 26, 2019 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Medigap, Medicare Advantage Quotes
Replies: 9
Views: 666

Medigap, Medicare Advantage Quotes

I'm applying for Medicare Part B and will need to get either a Medigap or Medicare Advantage plan soon. I've been trying to get some quotes without success because they all wanted my phone number which I don't want to give out. What do people do to get quotes?

TravelforFun
by TravelforFun
Thu Jul 25, 2019 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Weed clearing: Landlord vs. tenant responsibility?
Replies: 50
Views: 4228

Re: Weed clearing: Landlord vs. tenant responsibility?

Greetings all, I live in an area where weed clearing is required for fire safety. The lots are about 2 acres each. I do my own with a riding mower which works fine. My neighbor rents, and his landlord is making him do it; he has only a walk-behind push mower. I've taken pity on this neighbor mowing...
by TravelforFun
Tue Jul 23, 2019 11:06 pm
Forum: Personal Finance (Not Investing)
Topic: Where should I open my HSA? Fidelity?
Replies: 20
Views: 962

Re: Where should I open my HSA? Fidelity?

My HSA account is at Optum. Have had it there for quite a few years and I'm happy with it. I pick my own investment and the trading cost is low and there's no monthly fee.

TravelforFun
by TravelforFun
Mon Jul 22, 2019 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Just Bought an Annuity
Replies: 171
Views: 16149

Re: Just Bought an Annuity

bluegrassman wrote:
Mon Jul 22, 2019 4:13 pm
OK, thank you dcare. I forgot about the difference for people born before January 2, 1954. My mistake.
bluegrassman, very unfair for the younger folks but we play the cards we're dealt.

TravelforFun
by TravelforFun
Mon Jul 22, 2019 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Explaining the magic of compound interest to teenagers
Replies: 107
Views: 5838

Re: Explaining the magic of compound interest to teenagers

I can think of no simpler, more effective lesson to the power of compound interest than the 'would you rather have a million dollars today or a penny doubled every day for a month? question. A smart kid would ask, 'If I could double a penny every day, why couldn't I with a million? ' Lol. Travelfor...
by TravelforFun
Mon Jul 22, 2019 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: When family members fight over the check when out to eat
Replies: 103
Views: 8156

Re: When family members fight over the check when out to eat

Didn't read all the comments but I would pay for the meal if It's my wife's BD.

TravelforFun
by TravelforFun
Mon Jul 22, 2019 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: When family members fight over the check when out to eat
Replies: 103
Views: 8156

Re: When family members fight over the check when out to eat

We sometimes have this drama at family dinners. What REALLY bothers me, however, is when the plan is to split the dinner two ways, but when the bill comes I pull out a credit card and the other guy hands me cash...C'mon, man! I get stuck with the whole amount on my credit card and cash in my wallet...
by TravelforFun
Sat Jul 20, 2019 2:08 pm
Forum: Personal Consumer Issues
Topic: Login for citicard-Citibank [login problems]
Replies: 19
Views: 1303

Re: Login for citicard-Citibank [login problems]

No problems with citibank website for me. I have three cards so need to log in weekly to check on things. No problems.

TravelforFun
by TravelforFun
Sat Jul 20, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: The skyrocketing cost of long term care and how to pay for it
Replies: 33
Views: 3264

Re: The skyrocketing cost of long term care and how to pay for it

We've had to manage this for a family member and it boils down to this: Find a facility who will take private pay for a set period of time, then guaranty that they will continue care, taking in continued streams of income (pension, social security, annuity payment). For said relative, we found such...
by TravelforFun
Sat Jul 20, 2019 10:38 am
Forum: Personal Consumer Issues
Topic: Greece...needed vaccinations?
Replies: 11
Views: 949

Re: Greece...needed vaccinations?

I've been to Greece three times in the last five years, I've done both land tours and a cruise. No special vaccinations needed. Enjoy Greece.

TravelforFun
by TravelforFun
Sat Jul 20, 2019 9:25 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 346
Views: 96634

Re: How to Minimize Your Emergency Care Expenses

I remember going to my small town doctor's house on July 4 with mumps. Those days are gone. Figure 52 Saturdays, 52 Sundays and maybe six major holidays -- that's 110 days/year the PCP office is closed, more than 30% of the days. Don't forget most PCPs don't work on Friday afternoons so that's 26 m...
by TravelforFun
Wed Jul 17, 2019 7:22 pm
Forum: Personal Investments
Topic: What is your Re-balancing Trigger?
Replies: 28
Views: 1909

Re: What is your Re-balancing Trigger?

I don't rebalance per se. I keep about 10 years worth of expenses in bonds, the rest of my portfolio is in stocks. I do need to withdraw money from my portfolio annualy to live on and so when the market is good, I would sell some stocks and use that money; when the market is bad, I'd sell some bonds...
by TravelforFun
Wed Jul 17, 2019 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Working 4 days a week?
Replies: 39
Views: 3021

Re: Working 4 days a week?

For years I also worked a 4/10 schedule, be was able to set it up to alternate starting on Monday and Tuesday. I preferred having a 4-day weekend every other week, since that made short trips much nicer. That's a clever idea. I've never considered that before. Thanks for pointing it out. I work a 3...
by TravelforFun
Wed Jul 17, 2019 12:06 pm
Forum: Personal Consumer Issues
Topic: Would you pay that much for parking?
Replies: 26
Views: 1975

Re: Would you pay that much for parking?

$50 per car per month is not bad. I know people who pay $160 to park their car in the garage. They live in downtown Fort Worth, TX.

TravelforFun
by TravelforFun
Tue Jul 16, 2019 5:00 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 888
Views: 111794

Re: Post your Financial Milestone Announcements Here

Hit $2-million mark last month and I'm not counting my paid-off home and cars. I just can't believe we're multi-millionaire even though we were dead broke in 1984.

TravelforFun
by TravelforFun
Mon Jul 15, 2019 3:25 pm
Forum: Personal Investments
Topic: Low cost index fund Vs Mortgage
Replies: 18
Views: 1329

Re: Low cost index fund Vs Mortgage

Are the $100k being invested right now or are they sitting in a saving account. If the money is in a saving account and you have another sources of funds for emergency fund, then apply the $100k towards your mortgage.

TravelforFun
by TravelforFun
Mon Jul 15, 2019 3:08 pm
Forum: Personal Investments
Topic: Purchasing a home - Use Retirement/Non Retirement Funds?
Replies: 10
Views: 631

Re: Purchasing a home - Use Retirement/Non Retirement Funds?

Hello, Thank you for your reply, let me clarify my situation. 1. I own an existing home that upon its sale will allow me to return 300K back to my Vanguard Index 500 Account. 2. I have sufficient funds in BOTH my Retirement V 500 Index fund and a second account that is Non-Retirement Index 500 Acco...
by TravelforFun
Sat Jul 13, 2019 4:45 pm
Forum: US Chapters
Topic: Roll Call for the Retirement Class of 2019!
Replies: 348
Views: 44393

Re: Roll Call for the Retirement Class of 2019!

I'm about one month from my retirement date and because I am a minimalist, I don't want any retirement party where they invite your family and colleagues ̣(who go way back) to come and make speeches. I've been very suspicious of and have declined lunch invites and after-work get-together invites. I ...
by TravelforFun
Wed Jul 10, 2019 9:34 pm
Forum: Personal Consumer Issues
Topic: WaPo: "Mobile Passport" is the best-kept secret in air travel
Replies: 47
Views: 7047

Re: WaPo: "Mobile Passport" is the best-kept secret in air travel

I got Global Entry and use it a few times a year and it's fast enough for me.

TravelforFun